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renewable energy

Ocean Winds Secures £2 Billion Finance For Moray West Wind Farm

Ocean Winds has announced that its Moray West Offshore Wind Farm that is part of its portfolio of UK, has secured £2 billion of non-recourse project finance and reached financial close. The key sponsorship has come from Ocean Winds and Ignitis Group, as minority shareholder. The company is a joint venture between EDP Renewables and […]

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Govt Orders Implementing Scheme On Pooled Tariff Of Older Power Plants From July 1 

The Ministry of Power, in its latest notification, has asked all states and other concerned institutions to take necessary actions to implement the proposed scheme of pooling tariffs of older thermal power plants whose Power Purchase Agreements (PPAs) have expired.  The scheme aims to use the power generation capacity of thermal power plants older than 25 […]

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Oriana Power Commissions 1MW Floating Solar Power Project In Rajasthan 

Oriana Power, a Noida-based solar energy company, has now announced the commissioning of its 1 Megawatt (MW) floating solar power project in the Udaipur district of Rajasthan. The renewable energy company planned this project in a water body on the premises of Dabok Mines in the district.  The company said that it commissioned the project […]

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Siemens Gamesa To Supply Turbines For 1.5 GW Baltic 2 Sea Project

Global renewable energy conglomerates Ørsted and PGE Baltica have selected wind turbine major Siemens Gamesa for turbine supply for the Baltica 2 offshore wind project in the Baltic Sea. It will be supplying for one of the two stages of the wind energy project that will help Poland’s offshore wind industry to make giant leaps […]

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IFC To Back 44 MW Solar Plus Storage Malawi Project By Voltalia

The International Finance Corporation (IFC), the private sector body of the World Bank and Voltalia, a renewable energy company have signed an agreement to arrange financing for the Dwanga Renewable Energy project at Malawi, an east African country. This project has two components which comprise 44 Megawatt (MW) of solar and power and 10 MW […]

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Solar Power Lights up 11 Remote Tripura State Rifle Camps

Located in a remote area, the Tripura State Rifle camps has been lit up with solar energy. The Tripura State Rifle (TSR) personnel had been battling the challenge of power supply for a long time, and solar power has come as the answer to it. Now, 11 TSR camps are powered by solar energy. As […]

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Waiting To Take Off-The PM-KUSUM Story

Satveer Singh is a 51-year-old wheat farmer based at Mohanpura village in the Sri Ganganagar district of Rajasthan. Around a year ago, he enrolled online with the state government under the Pradhan Mantri Kisan Urja Suraksha Evam Utthaan Mahabhiyan (PM-KUSUM) scheme. As a result, the solar developers installed a seven-Horse Power (HP) solar irrigation pump […]

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Novalith Technologies Raises AU$23 Million to Revolutionise Lithium Production

Sydney based Novalith Technologies has raised AU$23 million in Series A funding with an objective to revolutionise the production of lithium for EV sector from sources. The company claims to be the creator of a novel lithium extraction process that will unlock vast resources and deliver them without the environmental toll of traditional approaches. Led […]

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